The Condo Bar Real Estate

Erin Mills Market Report

September 2026 · 61 sold · median sold $975K

Source: TRREB/PropTx MLS® data · Updated monthly · Last updated October 13, 2026 · Next update ~November 8, 2026

In September 2026, 61 homes sold in Erin Mills at a median price of $975K, up 11.7% from a year earlier. They sold for 97% of asking on average and took about 31 days to sell. As of October 13, 2026, 238 were for sale at a median asking price of $870K, and with 3.6 months of inventory it was a balanced market. Figures come from TRREB/PropTx MLS® data and update monthly.

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  • Median sold price, and the change from a year ago
  • How many sold that month
  • Whether buyers or sellers have the upper hand

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Mississauga pricing and inventory vary by neighbourhood — pick one below for a closer look.

Erin Mills, Mississauga — current market data

As of October 2026, Erin Mills, Mississauga has 90 active detached homes for sale with a median list price of $1.5M, averaging 40 days on market. With 3.1 months of inventory at the recent three-month sales pace, this is currently a balanced market.

Balanced market

3.1 months of inventory

How we call the market

With 3.1 months of inventory at the recent three-month sales pace, this is currently a balanced market. From July to September 2026, 87 detached homes sold, 37 sellers took their home off the market without relisting and 78 came back at a lower price — a 70% sell-through. Over July to September 2026, homes sold for a median 94.8% of their first asking price, and the median sold price per square foot was down 5.4% from the same months a year earlier.

What we measure, over the last three full months

  • Months of inventory: homes for sale today, divided by the average number sold per month. Fewer months means less choice for buyers.
  • Sell-through: of the sellers whose listing ended, the share who actually sold. A seller who takes their home off the market and doesn’t list it again within 60 days counts as not selling. A home that comes off and goes back on (often a day later, at a lower price) counts as a price cut, not a seller giving up.
  • Sold vs. first asking price: what homes sold for, compared with the price they were first listed at. We follow a home back through any relists, because a relist starts a new MLS® listing and hides the earlier, higher price.
  • Price trend: the median sold price per square foot, compared with the same three months a year earlier.

How the call is made

  • Seller’s market: under 3 months of inventory, at least 70% sell-through, and homes selling for 98% or more of their first asking price or prices up from a year ago.
  • Buyer’s market: over 6 months of inventory, or under 50% sell-through (more sellers giving up than selling).
  • Balanced market: everything in between, including low inventory where sellers are cutting prices, relisting or pulling their homes.

Based on MLS® listings from TRREB. Area totals only. We don’t show a call when fewer than 10 homes sold in those three months. Relists are matched by address, so a home relisted under a differently written address counts as taken off the market. Private sales and listings not on MLS® aren’t included. This is a general guide to the area, not an appraisal or advice about a specific home.

Based on properties for sale & sold — rentals not included. Figures are a monthly rollup covering October 1–14, 2026 (month to date), refreshed with each MLS® sync — shown as of October 14, 2026.

Property Type

Bedrooms

Active Listings

90

Number of homes currently for sale in this area.

Median List Price

$1.5M

The middle asking price among active listings -- half are listed higher, half lower.

Median $ / Sqft

$622

Median list price divided by square footage, for comparing across different unit sizes.

Avg. Days on Market

40

Average number of days active listings have been on the market.

Erin Mills, Mississauga market statistics, current as of October 14, 2026
MetricCurrent
Active listings90
Median asking price$1.5M
Average days on market40
Months of inventory3.1 mo
Sales in October 2026 (month to date)7
Sale-to-list ratio98%
YoY median sold-price change-11.0%

Price trend

Median asking price against median sold price, by month.

YoY Median Sold-Price Change

-11.0%

Median sold price this period compared to the same month last year.

Median List Price
Median Sold Price
$969.1K$1.1M$1.3M$1.4M$1.6MOct '25Nov '25Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26$1.5M$1.1M

What actually sold

32 detached homes sold in Erin Mills, Mississauga in September 2026 at a median of $1.3M. Sales closed at an average of 97% of asking price.

Closed sales — the figures above describe homes still on the market.

Median Sold Price

$1.1M

The middle sold price among closed sales this period -- half sold for more, half for less.

Sold $ / Sqft

$640

Median sold price divided by square footage, for comparing across different unit sizes.

Months of Inventory

3.1 mo

How long it would take to sell all current listings at the recent sales pace. Lower favors sellers, higher favors buyers.

Sales-to-New Ratio

23%

Homes sold this period as a share of new listings -- a higher ratio signals stronger demand.

Sale-to-List Ratio

98%

Average sold price as a percentage of asking price. Above 100% means homes are selling over asking.

Based on a small number of sales (7) — figures may not reflect the broader market.

Free account. Sold prices are for registered members.

7 sold in October 2026 (month to date) · median $1.1M · 98% of asking (based on a small number of sales — 7)

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Buildings in Erin Mills

Live snapshot, current as of this page load.

BuildingActiveMedian AskAvg. DOMSold (24mo)Median Sold$/sqftSale:List
1725 The Chase4$1.1M702———
2020 South Millway2$709K1005$690K$53199%
2155 Burnhamthorpe Road W3$514.9K1715$520K$50997%
2155 South Millway Townhouses1$829.9K112———
2555 Thomas Street1$870K136$860.9K$533103%
2891 Rio Court1$499K674$712.5K$60098%
2945 Thomas Street2$633.9K209$735K$56997%
3050 Orleans Road2$799.5K8011$820K$48399%
3079 Fifth Line W Townhouses1$599K79$720K$55497%
3140 Fifth Line W2$779.5K562———
3420 South Millway0——5$850K$45496%
5535 Glen Erin Drive1$899.9K365$780K$56395%
5910 Greensboro Drive0——5$750K$57399%
5940 Glen Erin Drive1$839K671———
Arc Condos5$665K7316$518K$72997%
Canyon Springs Condos3$849K8413$775K$60094%
Downtown Erin Mills Condos5$598.8K7615$585K$68095%
Eagle Ridge Nevada Condos5$499K4613$505K$53297%
Enclave on the Park Townhouses2$979.4K757$980K$52697%
Erin Mills Terrace Condos2$394.5K337$420K$49196%
Erin Mills West Tower2$605K2413$505K$74698%
Erin Square Condos3$614K6637$630K$72997%
Granite Gates Condos2$782K269$825K$61896%
Kindred Condos0——25$547.9K$741100%
Mills Square Condos7$599K5226$625K$70395%
Miracle in Mississauga Condos1$459.9K549$465K$65396%
Papillon Place Condos0——10$513K$64496%
Papillon Place I Condos6$452K4111$512K$67997%
Papillon Place II Condos3$509K204$466.3K$67096%
Parkway Place Condos12$494K11523$515K$67696%
The Heights of Erin Mills Townhouses2$824.9K344$762.5K$60299%
The Kith Condominiums0——19$448K$800100%
The Way Urban Towns7$599.9K5912$630K$58996%
Town Manors of Sawmill Valley4$984K576$914.5K$56898%
Windows on the Green Condos0——7$607.5K$63997%
Woodview Place Condos2$399.5K1544$405K$45897%

Some buildings show a small number of sales — figures may not reflect the broader market.

September 2026 sales

61 homes sold in Erin Mills in September 2026 at a median sold price of $975K ($573/sqft). Homes sold at an average of 97% of asking and took a median of about 31 days to sell.

Sep2026Detached homes32 · 52%Semi-detached7 · 11%Condo townhouses9 · 15%Condo apartments13 · 21%
September 2026 closed sales by property type in Erin Mills.
Detached homes$1.3MSemi-detached$868KCondo townhouses$700KCondo apartments$507.5K
Median sold price by property type, September 2026.

Property type × bedrooms (September 2026)

Property type1-bed2-bed3-bed4+ bed
Detached homes——$1,175,000*$1,323,000
Semi-detached———$868,000*
Condo townhouses—2 sold$745,000*—
Condo apartments2 sold$527,900*——

*Based on a small number of sales — figures may not reflect the broader market.

Price trend

Median sold prices for Erin Mills homes are up 23.4% over six months and up 11.7% year over year through September 2026.

$751K$813K$875K$937K$999K$975KSep '25Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Median monthly sold price, trailing 13 months.

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Current inventoryOctober 2026 · compiled October 13, 2026

As of October 2026 (compiled October 13, 2026), there are 238 home listings for sale in Erin Mills with a median asking price of $870K ($595/sqft), averaging around 46 days on market.

By property type

Property typeActive nowMedian listSold (Sep)Median sold
Detached homes88$1,499,00032$1,292,500
Semi-detached16$949,4507$868,000*
Condo townhouses67$799,0009$700,000*
Condo apartments64$522,40013$507,500

*Based on a small number of sales — figures may not reflect the broader market.

Market velocity

With 3.6 months of inventory as of October 13, 2026, Erin Mills's real estate market was a balanced market. From July to September 2026, 197 homes sold, 123 sellers took their home off the market without relisting and 159 came back at a lower price — a 62% sell-through. Supply and demand are reasonably matched, so buyers have room to negotiate and well-priced homes still sell in good time.

94.7%95.5%96.2%97.0%97.7%96.9%Sep '25Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Sale-to-list ratio (%), trailing 13 months.

What this means for buyers and sellers

For buyers

At 3.6 months of inventory (as of October 13, 2026), Erin Mills is fairly balanced — there's room to negotiate on price or conditions without losing every listing to a bidding war. Homes are selling for about 97% of asking on average, which leaves room to negotiate off the list price on most listings. Recent sales took a median of about 31 days to close, so that's roughly how long a realistically priced unit tends to stay available once it hits the market.

For sellers

At 3.6 months of inventory, pricing accurately from day one matters more than usual — overpriced listings tend to sit while realistically priced ones still move well. Median sold prices are up 11.7% year over year, which supports a confident asking price.

Sales figures cover closed transactions in September 2026; inventory is a live snapshot as of October 2026. Compiled from TRREB/PropTx MLS® data for homes in Erin Mills. Deemed reliable but not guaranteed.

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About the Erin Mills, Mississauga market

Mississauga is the GTA West’s largest and most varied housing market, with deep transit and highway links and proximity to Pearson. Erin Mills is one of Mississauga’s active real estate submarkets, with enough sales volume each month to support a dedicated, data-grounded report rather than being folded into the city-wide figures.

The figures below track Erin Mills specifically, across every property type — use the filter above to narrow to a segment.

Methodology

Figures on this page are compiled from TRREB/PropTx MLS® data via the site’s IDX (active listings) and VOW (closed sales) data feeds for Erin Mills, Mississauga, refreshed on every data sync.

  • Median is the middle value in a sorted list of prices — half of transactions are above it, half below. It is used instead of an average because a single very high or very low sale can’t skew it.
  • $/sqft is the sold or asking price divided by the unit’s square footage, as reported on the listing.
  • Days on Market (DOM) is the number of days between a listing going live and it selling (or, for active listings, the number of days it has been live so far).
  • Sale-to-List Ratio is the sold price as a percentage of the final asking price. Above 100% means the home sold over asking.
  • Months of Inventory is how long the current active listings would take to sell through at the recent sales pace.
  • Sample-size policy: sold-price figures are only published once at least 3 sold sales support them, to avoid identifying any single transaction. A figure based on fewer than 10 sales is labeled as a small sample.

Frequently asked questions

What did homes sell for in Erin Mills in September 2026?

In September 2026, homes in Erin Mills sold at a median price of $975,000 (about $573/sqft), an average of 97% of asking. The breakdown above shows how this varies by property type.

How many homes sold in Erin Mills in September 2026?

61 homes closed in Erin Mills in September 2026. The chart above breaks the total down by property type.

Which property type is most affordable in Erin Mills?

In September 2026, condo apartments had the lowest median sold price in Erin Mills at $507,500, while detached homes were the highest at $1,292,500. The table above lists each in full.

Is Erin Mills a buyer’s or seller’s market for homes?

With 3.6 months of inventory as of October 13, 2026, the Erin Mills real estate market was a balanced market. From July to September 2026, 197 homes sold, 123 sellers took their home off the market without relisting and 159 came back at a lower price — a 62% sell-through. We call it a seller’s market when there are under three months of inventory, at least 70% of sellers who leave the market actually sell, and homes sell at 98% or more of their first asking price or prices are up from a year ago. It’s a buyer’s market above six months of inventory, or when fewer than half of sellers who leave the market sell. Everything else is balanced. The live figures at the top of this page update with every MLS® sync.

How many homes are for sale in Erin Mills?

As of October 13, 2026 there were 238 active home listings in Erin Mills, at a median asking price of $869,995. The live count at the top of this page updates with every MLS® sync.

How often is this report updated, and where does the data come from?

It is refreshed monthly for the previous complete month, from TRREB/PropTx MLS® data; inventory figures update live with each MLS® sync. Deemed reliable but not guaranteed.

Miko Nalepa

Miko Nalepa

Realtor® at The Condo Bar Real Estate · RECO #4737024

With 15+ years in real estate and a GTA West focus since 2016, Miko Nalepa is a Realtor® with Right At Home Realty, Brokerage, specializing in condos, townhouses, and detached homes across Mississauga, Oakville, Burlington, and Milton. The focus stays deliberately narrow -- four cities, not a Toronto-wide practice -- because that's what it takes to know individual buildings and blocks, not just neighbourhood names.

Miko Nalepa is also the creator of The Condo Bar, the data platform behind this site, tracking building-level sales history and live market reports across 450+ GTA West condo buildings so every recommendation starts with what comparable units actually closed for, not asking price.

Aggregate estimates from TRREB MLS® data (PropTx feed). Deemed reliable but not guaranteed, and not an appraisal. Full terms.